How CEOs can implement and benefit from OKRs
Objectives and key results (OKRs) are still relevant for CEOs in an uncertain business environment. OKRs bring focus to key goals, drive collaboration across teams, and promote agility through regular feedback and reflection. These benefits are achievable through periodic team discussions and reviews. However, CEOs should be cautious not to set too many goals or unrealistic timelines and objectives, as warned in the 2009 Harvard Business School article "Goals Gone Wild"
Source | economictimes.indiatimes.com | Debleena Majumdar, ET Online
In the book, “Measure What Matters”, John Doerr spoke about the power of committing to goals that are measurable and achievable; in short, through OKRs.
The O stands for the objective to be achieved. And the KRs or key results look at specific ways to reach those objectives.
Globally, many organisations swear by the power of these OKRs (objectives and key results), which are monitored through quarterly business reviews.